Financial Crisis

[deadbroke]

i don't "dig" and i don't want to waste time explaining why one can achieve yield whether markets go up or down.

Yield in up or down? Yawn = childsplay. A bigger game = L\S capital

The TOP is IN. (DAX, FTSE, CAC all under their 200 emas for the first time since 2012)

Caught the LONG entry on Gold @ 7:27 PM today

Gold - my BUY order almost triggering in real time, NOW

Quote:

Originally Posted by deadbroke

Gold's move from June 3rd to July 10th this year has just retraced 61.8% of that move and could rebound bigtime.

I've put in a BUY order for if\when Price hits $1,297. STOPLOSS = $1,275

Why the stoploss at that level? Because its just under the massive support of 61.8%.

Now we wait.

Triggered! I'm in LONG, baby. This is REAL TIME lads

STOP is under the 61.8% retracement level

[deadbroke]

i don't "dig" and i don't want to waste time explaining why one can achieve yield whether markets go up or down.

Yield in up or down? Yawn = childsplay. A bigger game = L\S capital

The TOP is IN. (DAX, FTSE, CAC all under their 200 emas for the first time since 2012)

Caught the LONG entry on Gold @ 7:27 PM today

Gold - my BUY order almost triggering in real time, NOW

Quote:

Originally Posted by deadbroke

Gold's move from June 3rd to July 10th this year has just retraced 61.8% of that move and could rebound bigtime.

I've put in a BUY order for if\when Price hits $1,297. STOPLOSS = $1,275

Why the stoploss at that level? Because its just under the massive support of 61.8%.

Now we wait.

Triggered! I'm in LONG, baby. This is REAL TIME lads

STOP is under the 61.8% retracement level

4H bull signal will occur if Goldie crosses $1312 - she be at 1308 at this moment. If this move pans out, then deadbroke stays in the

trade and watches for the monumental French resistance @ $1345. If Goldie takes this out, we're going to $4,000. Deadbroke plans to

ride the horse all the way up to the natural exhaustion of this alleged incipient trend. Failure of my anal-ysis generates a loss that a shot of

whisky will easily cure.

Fingers crossed.

[deadbroke]

quote ...

Euro SHORT ... just took profit on 20 Lots, leaving 3 Lots still SHORT.

Profit on this one close alone = 2 years of free living in LOS with one stunner per week cash set aside for.

That's why I call it the Land of Smiles.

Closed EurUsd SHORT a little while ago in real time @ 1.3349

[deadbroke]

i don't "dig" and i don't want to waste time explaining why one can achieve yield whether markets go up or down.

To Hell with Yield see link under post

Just took partial profit on my overall position as American Express has descended to the strong support of 200 ema and could generate a substantial bounce.

5000 shares closed SHORT @ $86.46

Profit = $8.73 per share

Total profit = $43650 gross

Nett after commissions etc., Uncle sam (figure out tomorrow) and Mrs deadbroke's cut = zip

Just another day at the office earning zip for my efforts

http://www.thaivisa.com/forum/topic/741414-american-express-will-cease-to-exist-unless-we-bail-them-others-out-again/

[Naam]

I suppose it gives one something to do each day of retirement, but it sounds like a lot of stress. I just sit back and allow my bank to pay me 5.5% (less 2% of that for a nominal tax) for 5 years at a time. Term deposits are brilliant

forgive me for pricking a "brilliant" bubble. from the viewpoint of an investor any term deposits with a duration exceeding three months are nothing but handcuffs and heavy chains wrapped around the feet.

but if the 5.5% in Oz or Kiwi Dollars make you happy you have my blessing

Ouch !!!!

why ouch? i said blessing my son!

[jpinx]

I suppose it gives one something to do each day of retirement, but it sounds like a lot of stress. I just sit back and allow my bank to pay me 5.5% (less 2% of that for a nominal tax) for 5 years at a time. Term deposits are brilliant

forgive me for pricking a "brilliant" bubble. from the viewpoint of an investor any term deposits with a duration exceeding three months are nothing but handcuffs and heavy chains wrapped around the feet.

but if the 5.5% in Oz or Kiwi Dollars make you happy you have my blessing

Ouch !!!!

why ouch? i said blessing my son!

Being a deity - can you arrange for it to go back up to around the 7% mark it was at when I started? ......or tell me where else I can get term rates at that level without sleepless nights?

[Naam]

Being a deity - can you arrange for it to go back up to around the 7% mark it was at when I started? ......or tell me where else I can get term rates at that level without sleepless nights?

i would have sleepless nights with five year blocked money at 5.5% in a highly volatile currency. is my assumption correct that your fixed deposit is in NZD?

[jpinx]

Being a deity - can you arrange for it to go back up to around the 7% mark it was at when I started? ......or tell me where else I can get term rates at that level without sleepless nights?

i would have sleepless nights with five year blocked money at 5.5% in a highly volatile currency. is my assumption correct that your fixed deposit is in NZD?

nzd thb.jpg

_._

Apples and pears dear boy!

.. . . and it might be worth cross checking your definition of ' locked up ' against the T and C of the relevant term deposits

[deadbroke]

i don't "dig" and i don't want to waste time explaining why one can achieve yield whether markets go up or down.

Yield in up or down? Yawn = childsplay. A bigger game = L\S capital

The TOP is IN. (DAX, FTSE, CAC all under their 200 emas for the first time since 2012)

Caught the LONG entry on Gold @ 7:27 PM today

Gold - my BUY order almost triggering in real time, NOW

Quote:

Originally Posted by deadbroke

Gold's move from June 3rd to July 10th this year has just retraced 61.8% of that move and could rebound bigtime.

I've put in a BUY order for if\when Price hits $1,297. STOPLOSS = $1,275

Why the stoploss at that level? Because its just under the massive support of 61.8%.

Now we wait.

Triggered! I'm in LONG, baby. This is REAL TIME lads

STOP is under the 61.8% retracement level

4H bull signal will occur if Goldie crosses $1312 - she be at 1308 at this moment. If this move pans out, then deadbroke stays in the

trade and watches for the monumental French resistance @ $1345. If Goldie takes this out, we're going to $4,000. Deadbroke plans to

ride the horse all the way up to the natural exhaustion of this alleged incipient trend. Failure of my anal-ysis generates a loss that a shot of

whisky will easily cure.

Fingers crossed.

Happening NOW fellas, LIVE action - Goldie is trying to take out the 4H breakout signal I outlined above as at $1,312. Now look at the Daily chart to see why its slow slow slow that goldie is having a hard time breaking thru' - why of course it is because she is bumping up against the 200-day ema, a formidable resistance.

[deadbroke]

i don't "dig"

If you don't dig .... do you at least dance or did you come to LOS only for the Temples?

[deadbroke]

Turning now

July 17, 2014 was the WORLD's top. Confirmed by deadbroke on July 25th, 2014. I be calling for the classic TEST. As UK, Germany & France race south after breaking the 200-day moving average, they must return to kiss it one more time before FLEEING south. Only after the kiss and the continued fleeing south is the TREND REVERSAL guaranteed.

We wait and see

[deadbroke]

i don't "dig"

karnal, can you at least dig this?

Investors agreed to pay the German government for the privilege of lending it money.

http://online.wsj.com/news/articles/SB10001424052970204124204577150311730396748

karnal, do you have a stash of DM? It was 2:50 DM to the dollar back when I was in Sachsenhausen. Nicht genug fur bumsen gehen aber die Nacht is noch jung

[mccw]

London property market looks like it's topped out and maybe even in decline. Some papers talking seasonal bla bla but that is <deleted> because now is normally peak activity and asking/ selling prices. Depths of winter and Christmas normally best time to seal a deal these last several years. Pick up the stragglers who had no luck over summer and will drop price to seal a deal.

[deadbroke]

London property market looks like it's topped out and maybe even in decline. Some papers talking seasonal bla bla but that is <deleted> because now is normally peak activity and asking/ selling prices. Depths of winter and Christmas normally best time to seal a deal these last several years. Pick up the stragglers who had no luck over summer and will drop price to seal a deal.

US property market CRASH has resumed full blast. In 3 years get ready to buy buy buy at 10-20 cents on the dollar.

Wave 3 down underway.

[Naam]

i don't "dig"

karnal, can you at least dig this?

Investors agreed to pay the German government for the privilege of lending it money.

http://online.wsj.com/news/articles/SB10001424052970204124204577150311730396748

karnal, do you have a stash of DM? It was 2:50 DM to the dollar back when I was in Sachsenhausen. Nicht genug fur bumsen gehen aber die Nacht is noch jung

Bunds with a negative yield is something new, but the Japanese used that "method" more than a decade ago.

i remember USD/DEM 3.48 in 1985 and 1.32 in 1993 or 92 (?).

in olden times one didn't pay for bumsen in Sachsenhausen. enough willing existed doing it for free. may i assume you had enough Mark for Äppelwoi?

[midas]

Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.
Depositors in some Cyprus banks saw 50% or more of their life savings confiscated overnight. Moodys largely ignored, as did much of the media coverage of their report, the real risk that bail-ins pose to people’s life savings and companies capital, the likely negative impact of this on consumer sentiment and employment in already fragile economies.

Edited August 8, 2014 by midas

[mccw]

Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.

Depositors in some Cyprus banks saw 50% or more of their life savings confiscated overnight. Moodys largely ignored, as did much of the media coverage of their report, the real risk that bail-ins pose to people’s life savings and companies capital, the likely negative impact of this on consumer sentiment and employment in already fragile economies.

Did they downgrade all the other western countries that have passed similar bail in laws?

[atpeace]

Interesting thread that details how people react to a crisis. You have the people that feel sorry for themselves and take out frustrations on the common targets. A sub segment of the these fall into the doom and gloom trap. Then you have the minority that understands times are not always perfect and deal with the current crisis. I get the impression that some posters actually get excited with worst case scenarios. How individuals react to a crisis is telling and most would rather have friends that don't panic and perspective are well grounded.

[midas]

Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.

Depositors in some Cyprus banks saw 50% or more of their life savings confiscated overnight. Moodys largely ignored, as did much of the media coverage of their report, the real risk that bail-ins pose to people’s life savings and companies capital, the likely negative impact of this on consumer sentiment and employment in already fragile economies.

Did they downgrade all the other western countries that have passed similar bail in laws?

No, I don't think so. For example Canada has had bail in provisions since 2013 and there's no mention of them being downgraded.

It seems to me Moody's did this because UK has apparently introduced new rules “intended to prevent another taxpayer bailout."

http://www.theguardian.com/business/2014/aug/05/moodys-downgrades-outlook-uk-banking-sector-negative

[midas]

Interesting thread that details how people react to a crisis. You have the people that feel sorry for themselves and take out frustrations on the common targets. A sub segment of the these fall into the doom and gloom trap. Then you have the minority that understands times are not always perfect and deal with the current crisis. I get the impression that some posters actually get excited with worst case scenarios. How individuals react to a crisis is telling and most would rather have friends that don't panic and perspective are well grounded.

" times are not always perfect "

[deadbroke]

i don't "dig"

karnal, can you at least dig this?

Investors agreed to pay the German government for the privilege of lending it money.

http://online.wsj.com/news/articles/SB10001424052970204124204577150311730396748

karnal, do you have a stash of DM? It was 2:50 DM to the dollar back when I was in Sachsenhausen. Nicht genug fur bumsen gehen aber die Nacht is noch jung

Bunds with a negative yield is something new, but the Japanese used that "method" more than a decade ago.

i remember USD/DEM 3.48 in 1985 and 1.32 in 1993 or 92 (?).

in olden times one didn't pay for bumsen in Sachsenhausen. enough willing existed doing it for free. may i assume you had enough Mark for Äppelwoi?

It was when Breitner scored in the Weltmeisterschaft. I don't believe I've EVER not paid for P and in marriage, one in particular the average cost per shot was $1,000 after the final tally

[deadbroke]

i don't "dig" and i don't want to waste time explaining why one can achieve yield whether markets go up or down.

Yield in up or down? Yawn = childsplay. A bigger game = L\S capital

The TOP is IN. (DAX, FTSE, CAC all under their 200 emas for the first time since 2012)

Caught the LONG entry on Gold @ 7:27 PM today

Gold - my BUY order almost triggering in real time, NOW

Quote:

Originally Posted by deadbroke

Gold's move from June 3rd to July 10th this year has just retraced 61.8% of that move and could rebound bigtime.

I've put in a BUY order for if\when Price hits $1,297. STOPLOSS = $1,275

Why the stoploss at that level? Because its just under the massive support of 61.8%.

Now we wait.

Triggered! I'm in LONG, baby. This is REAL TIME lads

STOP is under the 61.8% retracement level

4H bull signal will occur if Goldie crosses $1312 - she be at 1308 at this moment. If this move pans out, then deadbroke stays in the

trade and watches for the monumental French resistance @ $1345. If Goldie takes this out, we're going to $4,000. Deadbroke plans to

ride the horse all the way up to the natural exhaustion of this alleged incipient trend. Failure of my anal-ysis generates a loss that a shot of

whisky will easily cure.

Fingers crossed.

Happening NOW fellas, LIVE action - Goldie is trying to take out the 4H breakout signal I outlined above as at $1,312. Now look at the Daily chart to see why its slow slow slow that goldie is having a hard time breaking thru' - why of course it is because she is bumping up against the 200-day ema, a formidable resistance.

Gold trade: STOP moved up to $1308

[Naam]

Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.

Depositors in some Cyprus banks saw 50% or more of their life savings confiscated overnight. Moodys largely ignored, as did much of the media coverage of their report, the real risk that bail-ins pose to people’s life savings and companies capital, the likely negative impact of this on consumer sentiment and employment in already fragile economies.

Did they downgrade all the other western countries that have passed similar bail in laws?

bail-ins for creditors (bondholders and depositors for non-guaranteed cash) have always existed when a bank went belly-up. new, and applied in Cyprus for the first time, is the proposed bail-in to prevent a bank going belly-up.

summary: nothing to rave, rant, whine or whinge about

[atpeace]

Interesting thread that details how people react to a crisis. You have the people that feel sorry for themselves and take out frustrations on the common targets. A sub segment of the these fall into the doom and gloom trap. Then you have the minority that understands times are not always perfect and deal with the current crisis. I get the impression that some posters actually get excited with worst case scenarios. How individuals react to a crisis is telling and most would rather have friends that don't panic and perspective are well grounded.

" times are not always perfect "

Exactly my point and a good measurement of a man is how he copes. Try to relax and enjoy this crisis.

[midas]

Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.

Depositors in some Cyprus banks saw 50% or more of their life savings confiscated overnight. Moodys largely ignored, as did much of the media coverage of their report, the real risk that bail-ins pose to people’s life savings and companies capital, the likely negative impact of this on consumer sentiment and employment in already fragile economies.

Did they downgrade all the other western countries that have passed similar bail in laws?

bail-ins for creditors (bondholders and depositors for non-guaranteed cash) have always existed when a bank went belly-up. new, and applied in Cyprus for the first time, is the proposed bail-in to prevent a bank going belly-up.

summary: nothing to rave, rant, whine or whinge about

May be, there would be less instances of a bank going belly up if they stuck to " stewardship banking " tas opposed to “ casino banking “

[Naam]

Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.

Depositors in some Cyprus banks saw 50% or more of their life savings confiscated overnight. Moodys largely ignored, as did much of the media coverage of their report, the real risk that bail-ins pose to people’s life savings and companies capital, the likely negative impact of this on consumer sentiment and employment in already fragile economies.

Did they downgrade all the other western countries that have passed similar bail in laws?

bail-ins for creditors (bondholders and depositors for non-guaranteed cash) have always existed when a bank went belly-up. new, and applied in Cyprus for the first time, is the proposed bail-in to prevent a bank going belly-up.

summary: nothing to rave, rant, whine or whinge about

May be, there would be less instances of a bank going belly up if they stuck to " stewardship banking " tas opposed to “ casino banking “

i can only agree with you. but unfortunately the monsters can't be controlled because they control those who are supposed to control the banks. they slapped fines of hundreds of millions and increased the fines to billions. all to no avail

[mccw]

The fines are just a cost of business. Another tax to pay in their minds. As long as they are kept in biz and "too big to fail" or " jail" . Will not change.

Bank of England plans to make bondholders and depositors bear the cost of bailing out failing banks has led Moody’s to downgrade its outlook on the UK banking sector.

Depositors in some Cyprus banks saw 50% or more of their life savings confiscated overnight. Moodys largely ignored, as did much of the media coverage of their report, the real risk that bail-ins pose to people’s life savings and companies capital, the likely negative impact of this on consumer sentiment and employment in already fragile economies.

Did they downgrade all the other western countries that have passed similar bail in laws?

bail-ins for creditors (bondholders and depositors for non-guaranteed cash) have always existed when a bank went belly-up. new, and applied in Cyprus for the first time, is the proposed bail-in to prevent a bank going belly-up.

summary: nothing to rave, rant, whine or whinge about

May be, there would be less instances of a bank going belly up if they stuck to " stewardship banking " tas opposed to “ casino banking “

i can only agree with you. but unfortunately the monsters can't be controlled because they control those who are supposed to control the banks. they slapped fines of hundreds of millions and increased the fines to billions. all to no avail

[JesseFrank]

i can only agree with you. but unfortunately the monsters can't be controlled because they control those who are supposed to control the banks. they slapped fines of hundreds of millions and increased the fines to billions. all to no avail

What I've never understood is that a bank rips off/cheats/robs its customers for millions each, then to settle enriches the government with a few billions, while the customer is still out of his money.

Edited August 8, 2014 by JesseFrank

[mccw]

i can only agree with you. but unfortunately the monsters can't be controlled because they control those who are supposed to control the banks. they slapped fines of hundreds of millions and increased the fines to billions. all to no avail

What I've never understood is that a bank rips off/cheats/robs its customers for millions each, then to settle enriches the government with a few billions, while the customer is still out of his money.

Almost as if they are in together isn't it? Funny that.

[deadbroke]

Replying to Gold trade POST 15236 (this POST number will soon approach the US govt. debt and eclipse it by virtue of the quadrillion range) on this page

GOLD Trade stopped out as per my STOP. Profitable trade. Yawn! 23 in a row. Earlier streak was 14 winning trades, then 2 losing trades.

But like Bernard Baruch said, "when you have losing trades, your ace in the hole is keep your losses small"